The agreement provides for the construction of a three-thousand-kilometre pipeline from Kazakstan to the west of China.
Despite the fact that for the best part of two centuries China came to suffer hugely at the hands of the West, and to lag badly behind the West, the Chinese never stopped believing in themselves.
While Apple is having to apologize for the poor quality of its maps in the West, it is clearly superior to Google Maps in China.
More than 260 of the injured were taken to the city's West China Hospital, where 202 remained as of Tuesday.
And if the core economies of the West do worse than expected, China policy makers will have to act faster than they have so far at lowering interest rates or providing stimulus where needed unless China slip into even lower growth.
This isn't a story of the West losing out to China, because both will continue to profit in Africa.
Expect more of China's online characteristics to be adopted in the West.
Where once the West relied on China's lack of environmental enforcement to tamp down rare-earth prices and implicitly subsidize high-tech goods, in the future the nature of the subsidy will change so that China's cheap(er) labor will subsidize Western mid-tech goods.
The sage's popularity in the West still owes more to Hollywood, source of much American soft power, than China's own efforts.
But in fact, there are a number of China tech startups innovating in areas unbeknownst to many in the West. (Virtual goods, which originated in Asia, is a good example.) YY Inc.
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Mr Schwarzman said he hoped to foster "a win-win relationship of mutual respect" between China and the West.
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At the same time, diplomats have been able to point to the sort of progress diplomats point to: a series of Security Council resolutions, supported by Russia and China as well as the West, telling Iran to stop its uranium-enriching centrifuges.
"Traditional recruitment processes, as they are understood in the West, only really started to be used in China after 1978, with the gradual liberalizing of China's economy, " said Mike Tims, the Asia, Middle East and Africa president at global human-resources consultancy SHL Group Ltd.
They have done so partly because they see that rescuing Russia's economy requires close economic links to the West, but also because they are rightly nervous about the growing power of their great eastern neighbour, China, and want a western neighbour they can turn to for help if necessary.
China's efforts to improve coal supplies include the building of a new east-west passenger railway line, set to open in 2013, which should free existing tracks for coal transport.
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And food companies don't meet the disapproval in China that they do in the West: according to the Pew Research Centre, while 72% of Chinese think that fast food has made the world a better place, only 23% of Americans do.
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